Today we publish Patrick Cullen, CEO of Connemara Mining Company Plc (AIM:CON) presentation, 27 September 2017, NEX Exchange, 2 Broadgate Circle, London, UK.
Connemara’s strategic objective is to create shareholder value by exploring in Ireland, one of the most prospective countries in the world for zinc, using our experience to identify prospective ground and develop joint ventures with major mining companies.
Ireland continues to produce over 25% of Western Europe’s zinc and lead at Boliden’s Tara mine. All the major players are involved here including Glencore and Teck and recently Vedanta and Lundin. Connemara has interests in 3 major project blocks in close proximity to zinc mining operations or with drilled mineralisation.
There is a current revival of interest in gold with exploration and reserve definition projects as well as mining ongoing in a number of areas, notably the operating Omagh Gold Mine and the significant gold reserve established at the Curraghinalt Project in County Tyrone. Connemara is following up on its 2016 discovery in bordering County Donegal at its 100% owned Inishowen Project.
Connemara Mining Company plc was established in 2004 by veterans of the Irish mining industry to exploit zinc and gold opportunities. It currently holds 35 prospecting licences in Ireland.
Ireland is an emerging gold exploration province. Connemara Mining has joint ventured with Hendricks to identify the source of the 1790’s ‘Gold Rush’ in the Wicklow and Wexford area. It also holds 15 licences in Donegal on trend from the Dalradian discovery in Tyrone.
